ETH 2.0

Analyst: Ethereum May Grind to $280 Before ETH 2.0 Hype Propels It Higher

Ethereum and other altcoins have been struggling to garner any strong momentum following the massive declines posted earlier this week This weakness came about as a result of Bitcoin’s rejection at $11,200, which is a level analysts have been watching Until BTC’s macro outlook begins growing more positive, Ethereum will likely continue struggling as well That being said, some positive technical developments in the coming months could help boost its outlook One analyst is noting that he expects ETH to drag down towards $280 before it finds any significant support

Bifrost: Polkadot’s Parachain for Staking Liquidity

Bifrost is a Polkadot parachain designed to support its PoS ecosystem that covers staking and liquidity. Today, there are several projects on the decentralized finance (DeFi) space aiming to provide liquidity mining options. This has led to a competition among different DeFi products built on the Ethereum blockchain. While it can be considered an ideal situation for now, the question that remains is if they can still continue their gains on an updated version of the Ethereum chain or the Polkadot’s new consensus framework. To solve this problem, Bifrost was

Ethereum: Is the HODLing in yet?

When it comes to the altcoin market, the past few months have shown how important a cryptocurrency Ethereum is. With DeFi growing substantially in 2020, the gains have been felt by ETH in many ways. While ETH has miles to go before it can challenge the market cap and dominance of Bitcoin, its remarkable growth thanks to DeFi and the proposed ETH 2.0 shift cannot be overlooked. With Ethereum’s use cases diversifying, users and investors within the ecosystem are reaping its benefits too.Source: GlassnodeAccording to recent network data provided by

Vitalik Buterin reveals why a 51% attack on ETH 2.0 ‘would not be fatal’

Ethereum co-founder Vitalik Buterin has dismissed concerns that a 51% attack on Ethereum 2.0 would be ‘fatal’. The scenario emerged as a result of the burgeoning popularity of Yearn.finance’s yETH vault which has already amassed more than 137,000 ETH on its first day. Arcane Assets’ Chief Intelligence Officer Eric Wall suggested this mean the yETH vault admins will probably end up controlling enough Ether to theoretically launch an attack on Ethereum 2.0:ITT: We come up with fun ways yETH vault strategists can take advantage of the fact that yETH is probably

Out of Control ETH Fees Return to All-Time High

With the rise of the decentralized web came a rise in Ethereum traffic. September 1, 2020, broke a new record with the average transaction cost topping $13. Reports of long wait times and astronomical Uniswap fees are pushing the crypto community to its breaking point. Ether fees jumped to an all time high on September 1 | Source: Y-Charts Cheaper to Hire Fedex Than Use ETH Saving on gas left some users waiting 12 hours or more for their transactions to go through. In the fast-paced world of Uniswap and

Huge Ethereum buy wall sends ETH to a 19-month high against Bitcoin

As the price of Ethereum’s Ether (ETH) surpassed $450, a huge buy wall on the major cryptocurrency exchange Bitfinex emerged. Shortly thereafter, ETH achieved $270, a 19-month high against Bitcoin (BTC).The price of Ether against the price of Bitcoin. Source: SkewThroughout the past two months, ETH has sustained strong upwards momentum buoyed the rising user activity on Ethereum. Data from Etherscan shows that the daily transaction volume on Ethereum rose from around 420,000 in January to over 1.2 million transactions per day in August.Why ETH price is surging and the demand